EARNINGS/(LOSS) PER COMMON SHARE

The following table reconciles the earnings (loss) available to common shareholders (numerator) and the weighted average common stock outstanding (denominator) for both basic and diluted earnings (loss) per share for years ended March 31:



$ in thousands	2013		2012			2011
Net income (loss)	$	662	$	(23,407	)	$	(39,527	)
Less: Capital Purchase Program "CPP" Preferred Dividends	—		(288		)	(588		)
Net income (loss) available to common shareholders	$	662	$	(23,695	)	$	(40,115	)

Weighted average common shares outstanding – basic	3,696		1,662			166
Effect of dilutive MRP shares	1		—			—
Weighted average common shares outstanding – diluted	3,697		1,662			166

Basic EPS	$	0.18	$	(14.26	)	$	(242.25	)
Diluted EPS	$	0.18	NA			NA